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CANDLESTICK PATTERN: EVENING STAR

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BITSTAMP:BTCUSD   Bitcoin
CANDLESTICK PATTERN:

EVENING STAR

The evening star is a three-candlestick pattern that is the equivalent of the bullish morning star. It is formed of a short candle sandwiched between a long green candle and a large red candlestick.

It indicates the reversal of an uptrend, and is particularly strong when the third candlestick erases the gains of the first candle.
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